• spooky2092@lemmy.blahaj.zone
    link
    fedilink
    English
    arrow-up
    11
    ·
    8 hours ago

    Even if you’re bad with money, take the lump sum and go get a fiduciary advisor to handle it and give you a regular payout. Being a fiduciary advisor is important since it means they are legally obligated to work to the benefit of your money, not lining their pockets. Using something like a trust is another good way to protect you from yourself.

    • chilicheeselies@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      ·
      33 minutes ago

      I mean more like someone who is irresponsible and maybe dumb. I was trying to be polite. Someone that doesnt even know what a fidicuary is.